Geithner To Be The Car Czar-Why?

Posted by Tom Lindmark on February 15th, 2009

What’s this all about? President Obama has scrapped the idea of a “car czar”. Instead, our crack Treasury Secretary who hasn’t demonstrated the ability yet to walk and chew gum at the same time is going to oversee things.

Clearly it’s a political/negotiating game he’s playing with the car companies. My guess is that he’s trying to take away the stall ball game from them. Or he just decided that no matter what outsider he appointed would be a lightning rod, so he said the hell with it.